Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$232,819$232,819$278,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$45,281$0
Funding fee$1,164$1,164$0
Note rate2.810%2.810%7.400%
Blended rate2.810%3.818%7.640%
1st payment$1,093.83$1,093.83$1,925.51
2nd payment$0.00$339.61$0.00
Taxes / mo$629.57$629.57$629.57
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.62
HOA / mo$22.92$22.92$22.92
Total monthly$1,896.32$2,235.93$2,783.62
Cash to close$76,181$30,900$30,900